Hunting for value stocks with abrdn Equity Income Trust | Ep.125

In this episode, host Stuart Fieldhouse meets Thomas Moore, Investment Director for the abrdn Equity Income Trust [LON:AEI]. They discuss the balance between yield and capital growth, hunting for cheap stocks and how the UK budget, interest rates and inflation affect the fund manager's decision-making. For more great investing ideas, news and insight, sign up to our FREE newsletter at www.thearmchairtrader.com/newsletter/ For stock tips and deeper company analysis get a free trial of Armchair Trader Plus+ at www.thearmchairtrader.com/register If you enjoy the podcast, like and subscribe for more great content. 00:00 Intro to abrdn Equity Income Trust 01:57 Balance between yield and capital growth 05:00 Is the UK equity market undervalued vs other regions? 08:48 Sector breakdown of the trust - why so many financial stocks? 11:38 Active management - getting the yield 12:39 Maximum holdings in any one stock 13:40 Is the new Government positive for UK equities? 17:24 Does the UK budget affect Thomas's decision-making? 21:32 Inflation and interest rates dropping - is this good news? 24:23 The ideal stock for Thomas's portfolio 27:13 Imperial Brands - what does Thomas like about it? 31:03 Small caps in the portfolio, e.g. Galliford Try